Author: Serkadis

  • Media Create hardware sales: Nov.23-29, 2009

    The humongous DSi LL continues its streak of domination by gigantic proportions over the Japanese hardware sales charts, and really, the rest of the participants in this console race can only hope to get an inch closer

  • Gold Tanks Again, While The Nikkei Charges Higher

    It had become almost routine that when the Sunday night gold trading began it would immediately pop up. But not this evening — not after Friday’s rout.

    It’s recovered somewhat, but still below $1160.

    gold

    In Japan, meanwhile, the Nikkei is popping higher.

    nikkei

    Join the conversation about this story »

    See Also:

  • VIDEO: Mythbusters annihilate a car near the speed of sound

    Filed under: ,

    Mythbusters make us smile – click above to watch the video

    This one is good. Previously Adam and Jamie smashed a car to smithereens between two semi trucks. Which was fun, but hardly fun enough. So, they get a two-stage rocket sled and ram it into some poor, defenseless Ford Aspire — at 650 mph! As gets pointed out in the video, the word “awesome” is thrown around all too easily these days. That said, this is AWESOME! Maybe double awesome. Make the jump to watch the video while giggling like a ten-year-old.

    [Source: YouTube]

    Continue reading VIDEO: Mythbusters annihilate a car near the speed of sound

    VIDEO: Mythbusters annihilate a car near the speed of sound originally appeared on Autoblog on Sun, 06 Dec 2009 19:59:00 EST. Please see our terms for use of feeds.

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  • On Shelves This Week: December 6 – 12, 2009

    It’s quite a measly serving of games this week compared to the past couple of weeks where we saw a steady downpour of releases. Not to worry, though. We take this part of the month as the short calm

  • Aston Martin Rapide to start at $199,950 in the U.S.

    Filed under: ,


    Aston Martin Rapide – Click above for high-res image gallery

    A couple of days after announcing U.K. pricing for the the new Rapide, Aston Martin has now also priced the North American version of its slinky four-door. When Aston starts deliveries of its newest model next spring, U.S. customers will have to pony up a minimum of $199,950. Aston Martin dealers will doubtless provide clients with the opportunity to substantially elevate that price tag via costly personalization options. After all, when you’re dropping that kind of coin, you don’t want to see yourself coming and going all the time.

    The Rapide will be the first Aston Martin produced outside of Great Britain once cars start rolling off the line in Graz, Austria. The special factory was set up in cooperation with Magna Steyr prior to the global financial collapse, back when the Gaydon factory that makes the other Astons was running at full capacity. In these post-meltdown days, the decision about where to produce the car may have been very different. If you have the means, your local dealer is taking orders now. Official press release available after the jump.

    [Source: Aston Martin]

    Continue reading Aston Martin Rapide to start at $199,950 in the U.S.

    Aston Martin Rapide to start at $199,950 in the U.S. originally appeared on Autoblog on Sun, 06 Dec 2009 19:29:00 EST. Please see our terms for use of feeds.

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  • Lithium and REE: ESB expects majority of electric cars by 2035 TNR.v, CZX.v, WLC.v, LI.v, RM.v, CLQ.v, SQM, FMC, ROC, AVL.o, RES.v, QUC.v, NSANY, BYDD

    This junior is involved in Lithium development in Ireland.
    Exploring for Lithium, Rare Earth Metals, Precious & Base Metals across the globe from Argentina to Ireland!

    THE POST.IE

    ESB expects majority of electric cars by 2035

    06 December 2009 By Eibhir Mulqueen

    The head of the ESB’s new electric vehicle division has said that he expects the vast majority of fossil-fuelled cars in Ireland to be replaced by electric vehicles by 2035.Paul Mulvaney said the Irish project to introduce electric vehicles as the first choice for motorists would be a flagship one internationally.He has ordered the installation of the first of hundreds of plug-in charging points on streets and in car parks across the country.The first charging points, supplied by Carra Ireland, a provider of intelligent traffic management systems, will be installed in Dublin and Cork. Over time, the charging points, which look like bollards, will replace petrol stations as the fuelling point for motorists, according to Mulvaney.‘‘It’s a new technology, it’s a new industry. It’s very much happening as we speak,” he said. The ESB will also be installing charging points in motorists’ homes, where they will typically use cheaper, nighttime electricity. Mulvaney said that, while there were currently very few electric vehicles being operated, the car industry was building up to 2011 for the first major launch of the next-generation vehicles.Meanwhile, the government has an advance order agreement with Renault-Nissan for 2,000 electric vehicles to be delivered next year. Its intermediate target is for 6,000 electric vehicles to be in use by 2013, as it seeks to reduce the state’s carbon footprint.”
  • 56 Newspapers in 45 Countries and 1 Common Editorial: “Unless we combine to take decisive action, climate change will ravage our planet, and with it our prosperity and security” 2009

    COP-15-Climate-Change-Con-001

    2009Dec7: “Today 56 newspapers in 45 countries take the unprecedented step of speaking with one voice through a common editorial. We do so because humanity faces a profound emergency. Unless we combine to take decisive action, climate change will ravage our planet, and with it our prosperity and security” (Gulf Times).

    Reference: Gulf Times http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=330503&version=1&template_id=57&parent_id=56

    List of all 56 newspapers http://www.guardian.co.uk/environment/2009/dec/06/papers-copenhagen-leader

    How the climate change global editorial project came about http://www.guardian.co.uk/environment/2009/dec/06/climate-change-leader-editorial

    Image Description: The Copenhagen climate editorial logo. Image Location: The Guardian http://www.guardian.co.uk/environment/2009/dec/06/papers-copenhagen-leader Image Permission: This work is copyrighted and unlicensed. However, it is believed that the use of this work to illustrate the subject in question, Where no free equivalent is available or could be created that would adequately give the same information, on Interlinked Challenges, hosted on servers in the United States by Michigan State University, qualifies as fair use under United States copyright law.

  • VIDEO: That’s a Wrap! Ferrari F430 Spider gets the vinyl treatment

    Filed under: , , , , ,


    Ferrari F430 Spider goes under the knife – Click above to watch the video

    It can’t really be that simple, can it? Well, it seldom is. But experts in any given field tend to have a knack for making complex procedures look deceptively simple. Take this video, for example, from Creative FX. The British firm specializes in vinyl wraps, and they make it look all too easy.

    Wraps are growing into a popular choice for exotic car owners looking to give their rides a new look. Rather than repainting the entire car, specialist shops like Creative FX apply what essentially amounts to giant decals. That’s how most of the matte-finish cars we see – including this particular Ferrari F430 Spider – end up that way. You have to figure it’d be a very tricky operation. Follow the jump to watch the video and judge for yourself.

    [Source: Creative FX]

    Continue reading VIDEO: That’s a Wrap! Ferrari F430 Spider gets the vinyl treatment

    VIDEO: That’s a Wrap! Ferrari F430 Spider gets the vinyl treatment originally appeared on Autoblog on Sun, 06 Dec 2009 18:33:00 EST. Please see our terms for use of feeds.

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  • REPORT: Two bidders step up to acquire Renault F1

    Filed under: ,

    Renault looks set to be the next automaker to bail out of Formula 1, and it appears that there are two serious bidders in line to take over the operation. Renault will hold a special board meeting this week to decide on the racing team’s fate, and it looks like it may go ahead and just line up a sale right away, instead of announcing a shutdown and then trying work out a sale as Honda and BMW did.

    AutoCar reports that Prodrive, which has been trying to break into F1 for several years, may have the inside line on the French outfit. The other primary bidder is Genil Capital, a Luxembourg-based investment fund. The financial group would likely retain the Renault name for the team, while Prodrive would probably run under its own banner. If Prodrive wins out, Renault would remain only as an F1 engine supplier.

    [Source: AutoCar]

    REPORT: Two bidders step up to acquire Renault F1 originally appeared on Autoblog on Sun, 06 Dec 2009 17:25:00 EST. Please see our terms for use of feeds.

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  • W. Soccer: Cardinal falls in College Cup Final

    The Stanford women’s soccer team’s dream season came up one win short of a perfect season and a national championship today, falling 1-0 to defending champions North Carolina in College Station, Texas. On a wet and rainy pitch, the Cardinal struggled to assert itself against the vastly experienced Tar Heels, and in the end was shut out for the first time all year.

    The lone goal came just three minutes into the match. UNC’s Casey Nogueira whipped in a beautiful cross from the left and fellow forward Jessica McDonald snuck in behind the backline to touch it past Stanford goalkeeper Kira Maker. Just like that, it was 1-0.

    Stanford faced a similar situation in the round of sixteen against Boston College, going down less than two minutes into the match. In that match, the Card struck back less than a minute later, but the team would find breaking down this ACC team was a much more difficult proposition.

    The Cardinal players were having trouble gaining possession against UNC’s high pressure, and when they were, they were often wasting long balls to no one in particular. The team struggled to create anything in the final third, and it was almost 20 minutes before it registered a shot, with sophomore midfielder Teresa Noyola hitting a long-range effort too high.

    Meanwhile, the Tar Heels were playing with confidence and came close twice off of corner kicks in the 23rd and 26th minutes—however, both of Amber Brooks’ headers went wide.

    Despite being outplayed, the Card had the ball in the net in the 39th minute. Junior forward Christen Press made a great move on the left before sending in a bending cross into the box. Freshman Courtney Verloo appeared to miss her sliding attempt in front of the goal, but the ball continued on and into the corner of the net. However, the linesman’s flag was up for offsides. The game would go into halftime with a score of 1-0, and with UNC holding a 10-2 advantage in shots and a 7-0 advantage in corners.

    Stanford showed its spirit in the second half, though, and came out of the gates much more crisply than had been seen in the entire first 45 minutes. Press won the team’s first corner kick in the 51st minute and delivered a great ball into the box. Freshman midfielder Mariah Nogueira— no relation to Casey—got a head on it but could only direct it over the goal.

    Three minutes later senior forward Kelley O’Hara—one of six Stanford players revealed to be suffering from a stomach virus—collected a throw in on the left and turned past her defender towards the middle. Falling away from goal and under pressure, though, her effort was always going high.

    In the 57th minute Press ripped from about 25 yards out but once again had a little too much height on it. Stanford wasn’t getting great chances, but there were chances nonetheless.

    The Card almost found itself down 2-0 in the 71st minute. A North Carolina corner kick was drilled low into the penalty area and passed all the way through the six yard box and out the other side. All it needed was a touch from one of the Tar Heels in the area, but no one could get a foot on it.

    Even so, Stanford’s comeback quest was about to become a lot more difficult in the 73rd minute. O’Hara was throwing herself full speed into every challenge to win the ball and was booked for a tackle from behind on UNC’s Whitney Engen. The yellow card was her second of the match after receiving one four minutes earlier, and just like that Card was down to 10 players. It was a far from fitting end to a career that was so inspirational to the Stanford program.

    With her strike partner off the field, Press was going to have to carry the team on her back, and she almost scored a sensational equalizer a minute later. The junior picked up the ball in midfield and drove forward, striking a hard shot that was heading right under the crossbar. Unfortunately, it was hit right at the center of the goal, and UNC keeper Ashlyn Harris made the save.

    The Tar Heels had perhaps their best chance to double their advantage in the 77th minute. Casey Nogueira held up the ball at the top of the box and slipped in a brilliant through ball to McDonald, but McDonald put her 1v1 effort with Maker just wide.

    Stanford surged forward for one last attack, but UNC’s stout defense and extra player made it difficult for them to build anything substantive. It was going to take a moment of magic from Press, who was working her socks off, and with time running out she almost supplied it. With just under two minutes remaining, the striker controlled a long ball with her chest outside the box and drilled it off the far post and into the net. Yet once again, the offsides flag killed any possible Stanford celebrations. The Cardinal would get a corner kick in the final minute but could not convert, and soon after North Carolina was celebrating its 20th national championship.

    As for Stanford, the program is still searching for its first. Just like with the team’s star player, the ending was not at all fitting for such an incredible season.

  • Healthy Reading for Holiday Gifts

    Healthy books can inspire you to get moving, teach you more about your body or just give you some good cooking ideas. For the reader on your list, look for something that inspires or teaches.

    holiday-shop-books

    Inspiration

    Born to Run: A Hidden Tribe, Superathletes, and the Greatest Race the World Has Never Seen
    Get inspired by incredible athletic achievements and epic adventures in Born to Run.

    Be the Change: How Meditation Can Transform You and the World
    I’m currently reading this book, and a full review will come soon. The book can be a source or inspiration and comfort, or a motivation to make changes. For anyone curious about meditation, or looking to get a glimpse into how it has helped others, Be the Change would make an insightful gift. It also has a forward by the Dalai Lama. (I received a free copy of this book for review.)

    Bicycle Diaries
    Written by David Byrne of Talking Heads fame, this popular book sings the praises of urban bicycling. It’s a travel journal, photo album and general celebration of traveling through cities on a bike.

    Cures

    Encyclopedia of Homeopathy
    For anyone wanting a home reference for using homeopathic remedies, this book by the late Dr. Andrew Lockie does the trick, explaining how to treat common ailments.

    Pill Book 13TH Edition
    Pill Book is a favorite resource for many people who want information about the most commonly prescribed drugs in the US.

    Cooking

    Hungry Girl Chew the Right Thing: Supreme Makeovers for 50 Foods You Crave
    To be released on December 8, Hungry Girl Chew the Right Thing offers makeovers for 50 foods you might crave. Recipe cards included.

    Not Your Mother’s Slow Cooker Cookbook
    This cookbook provides inspiration for cooking at home with wholesome ingredients. Not Your Mother’s Slow Cooker Cookbook includes 350 recipes, providing a fresh look at the ever-present but underused slow cooker.

    How to Cook Everything Vegetarian: Simple Meatless Recipes for Great Food (How to Cook Everything)
    I own this book. It’s not just for vegetarians, but for anyone wanting to be healthier by avoiding meat more often. It’s written by food god Mark Bittman, author of How to Cook Everything: Simple Recipes for Great Food. Yes, I own that one too. Not everything in it is healthy. It does tell you how to cook fried chicken, after all. Yet, any cooking at home is often better than eating out since you control the ingredients and cooking methods.

    (Book images via Knopf Publishing Group, St. Martin’s Griffin; holiday image by stock.xchng)

    Post from: Blisstree

    Healthy Reading for Holiday Gifts

  • Councils developing foot fetish?

    Two district councils have recently been in the news for paying what some people see as inordinate attentions of the footware of people over 50.

    The Daily Telegraph highlighted Warwickshire County Council’s offer of a service allowing “older people” to bring in their old slippers and replace them with a new pair, which it claims can cut the risk of falling over. For a fee of £5, participants fitted with a new pair of the Velcro fastening slippers, and advice on how to puy them on and avoid accidents around the home.

    The council claims that the initiative, which has been adopted by other local authorites, will save money in the long run because it prevents costly injuries to elderly people. The firm which makes the special slippers charges local authorities £3 a pair – £2 less than the council charges people taking up its scheme.

    Neil Duncan Jordan, of the National Pensioners’ Convention said: “Falls among the elderly are very serious, but for the vast majority of people in their 50s and 60s, this is patronising and a waste of money. It is astonishing that while the council claim they have your best interests at heart by providing these slippers, they then fleece you for more than the manufacturer is charging.”

    Meanwhile , Flntshire care home staff are to be trained to understand the importance of properly fitting footwear in preventing falls by residents. Flintshire Local Health Board (LHB) is providing the training to its staff, saying that it wants families to consult experts like podiatrists before buying elderly relatives slippers for Christmas.

    Good fitting slippers fit the shape of the wearer’s feet, have a non-slip sole and should support the foot, reducing the chances of a fall. Chiropodists and good shoe retailers should also be able to provide more information on properly fitting footwear, said Flintshire LHB.

    The BBC report on this story said that Celia Drew, a chronic disease management nurse with Flintshire LHB who is organising the training, said: “We know from research that there is a clear link between foot pain and falls. When people have poorly fitting footwear, they are much more likely to sustain a fall, which can lead to bruising, sprains or a broken hip.

    She also said, “An indoor shoe would be much more appropriate than a slipper and they aren’t terribly expensive, retailing at around £20,” she said.

    It is estimated that around 20 to 30 per cent of falls among the elderly can be prevented. Badly fitting slippers are said to significantly increase the risk of suffering a fall which can lead to disability or death. The new slippers being supplied by Warwickshire CC are safer because they have non-slip soles, better support and a Velcro fastening to ensure a snug and tailored fit, makers Natureform claim.

  • Crystal Dynamics looking for multiplayer devs

    For the past few years, Crystal Dynamics has been pretty much synonymous with the Tomb Raider franchise, so when they talk about a new AAA title in development at the studio the name “Lara Croft” immediately comes

  • Et tu, Clarkson? Top Gear names Toyota Prius its “City Car of the Year”

    2010 Prius

    2010 Toyota Prius – Click above for high-res image gallery

    Jeremy Clarkson seems to hate anything that “greens up” or in any other way adds an “eco” label to his cars – and some environmentalists don’t exactly appreciate the television host either – so it’s with some amusement that we learn that the Top Gear team has named the Toyota Prius the “City Car of the Year.” Turns out, the Prius really can appeal to almost everyone.

    Clarkson was not specifically quoted in the Prius praise piece – remember, this is the guy who called Honda’s Insight “Biblically terrible” and pretended to run out of energy in a Tesla Roadster – but his mates said the 2010 Prius gets “awesome numbers” of 60 mpg (U.S. gallons, as measured on the UK scale) and emits just 89 grams of C02 per km. And all this from “a proper family five-door hatch.” BBC Top Gear Editor Conor McNicholas even called the third-gen model “something quite ground-breaking.” Press release pasted after the jump.

    [Source: Toyota]

    Continue reading Et tu, Clarkson? Top Gear names Toyota Prius its “City Car of the Year”

    Et tu, Clarkson? Top Gear names Toyota Prius its “City Car of the Year” originally appeared on Autoblog on Sun, 06 Dec 2009 15:41:00 EST. Please see our terms for use of feeds.

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  • “some leaders believe their narrow national economic interests take primacy over the existence and well-being of the entire world” 2009

    800px-Tea_Party_Protest,_Hartford,_Connecticut,_15_April_2009_-_007

    2009Dec6: Sudan’s Lumumba Di-Aping, a lead negotiator for the G77/China bloc at the Copenhagen talks: “A deal can be done; the science is clear, the economics are clear, the legal issues are clear. The question is that some leaders believe their narrow national economic interests take primacy over the existence and well-being of the entire world” (BBC).

    Reference: BBC http://news.bbc.co.uk/2/hi/europe/8397742.stm

    Image Description: Tea Party protest at the Connecticut State Capitol in Hartford, Connecticut. Photo by Sage Ross, 2009Apr15. Image Location: Wikimedia Commons http://commons.wikimedia.org/wiki/File:Tea_Party_Protest,_Hartford,_Connecticut,_15_April_2009_-_007.jpg Image Permission: This file is licensed under the Creative Commons Attribution ShareAlike 3.0 License. In short: you are free to share and make derivative works of the file under the conditions that you appropriately attribute it, and that you distribute it only under a license identical to this one.

  • Quick overview of Tilewave

    This is a quick overview of the newly ported tileware for Windows Mobile’s Touchpro2. Check it out.

    Download
    PS Just tested and am the first to confirm that Xperia X1 panels work for this.

    Share/Bookmark

  • Brazilian senator wants creators, importers of "offensive" games in Brazil …

    A Brazilian senator is putting “offensive” video games on the chopping block through a bill that spells imprisonment for those caught making, importing, or distrubuting such games in Brazil.

  • 2010 HURT ME MOR Ski Trip Invitation

     

    hm

    This THE trip you have all heard about. It is an outstanding networking opportunity (BC)

    24 Years Later and What a Housing Hangover’!

    TO: All Hurt Me Mor Skiers

    FROM: Dave and Jeff

    DATE: December 2009

    SUBJECT: Ski Trip March 3rd – March 7th, 2010

    Dateline December 1st, 2009 – Our Annual Christmas Ditty

    The business is slow, but the future is bright
    As you sit on the bottom, with only little light.
    Why not pull yourself up for another PC powder glide
    By joining us in Utah for some Hurt Me Mor pride

    Yes, last year’s group was smaller than most
    But that’s because you opted not to post
    We had fun without you with a lot of great skiing
    While you had CNBC and no bids won on what you were seeing

    We had another race, won again by Portz.
    This has to prompt a return of Kaufman and the force.
    We partied at Deer Valley without our favorite tents
    This year’s Rick’s back with the Big Top and all the vents

    Yes, Rick Lee’s coming back as are Marano and Reynolds
    What’s your excuse this year? More winter’s colds?
    It had better be H1N1, if you aren’t feeling fine
    ‘Cause if you don’t show this year, you are truly swine

    In March it’s always sunny while skiing cotton powder
    So goes Tequila HONEY with pool parties ever louder.
    If you had fun with us in San Diego until the bar closed,
    Send your $$ today, or stay home and be hosed.

    Another party was had in a 30 K Square Foot hut
    Just ask Gil & Brent – and mention Eyes Wide Shut.
    And in the annual ‘You can’t make this up’ during our trip
    Michelle renewed a Shadow Ridge acquaintance, she tossed for a dip

    We’ve seen some bad markets through our years on the trip
    We ALWAYS bounce back, so don’t lose your grip
    As we say this year as loans reappear
    “It’s WAS just a flesh wound…” and we’re still here

    So, On Fannie; On Freddie and FHA, too
    Keep making the Refis and Mods for a few.
    Out of the woods, we will all prevail
    Damn glad we’re still not just covering our tail

    Is it safe to return to the Hurt Me Mor Fest?
    We know you are asking, so here is the rest:

    News of Note:

    Did you make it out to San Diego? WOW! The Exceptions really cranked it up a notch. We are hoping to find a sponsor and bring them back to Utah this Spring. I know they would like nothing more than to join us in March. Anyone interested in helping sponsor their return, give Dave or Jeff a call.

    Also, as you are probably wondering what was meant by the comment about Michelle Perrin bumping into a “former” acquaintance? Turns out while riding the chairlift on Sunday during last March’s trip, the usually very stoic and shy Michelle struck up a conversation with the ski instructor sharing the chair lift at the Park City Resort. Claiming a headache, Michelle proceeded to describe our group, somewhat anonymously, when the ski instructor piped up and asked if our group, was in fact a group of Mortgage Bankers that had once been asked to never return to the Shadow Ridge Condominiums, 15 years earlier. Quite excited, Michelle responded, that we were indeed that very group of Mortgage Bankers, now welcomed annually at the Park City Marriott. Turns out the ski instructor happened to be one of the tossed-into-the-pool passerbyers that fateful night 15 years earlier. AND he was now married to one of the flight attendants, whom we also tossed in for a swim. Both plan to join us for this years event. Just can’t make this stuff up.

    Trip Biz:

    For all of you who have been asking and wanting to send in your $$$, a thousand thanks for your persistence and patience. NOW WOULD BE THE TIME.

    Here’s the detail ——

    DATES:

    This year, we are again offering two reservation options: 1) Wednesday, March 3rd, thru check out Sunday, the 7th; or 2) Thursday, March 4th check-in thru Sunday, the 7th. The four night option only costs a little more $$, but you WILL get an extra day of some pretty damn good skiing, or dirt-bagging, for all of you dark sliders. Mother Nature is more than cooperating, and we have planned lots of fun. So, call us, email us, or scream loudly, but most importantly, SEND $$$$.

    LOCATION: Park City Marriott, Prospector Square

    FEES: $795.00 for Option 1 – 5 days and 4 nights (starting Wed); $675.00 for Option 2 – 4 days and 3 nights (starting Thur); Those seeking solo room options, PLEASE CALL DAVE for details and availability

    Reminder: We need to hear from you ASAP to guaranty your room.

    ’10 EVENTS:

    Check into the Marriott on Wednesday or Thursday with skiing on Thursday at Snowbasin or Snowbird.

    Thursday evening’s Margarita Party after skiing.

    Friday’s skiing will be at Snowbird or Alta, or maybe both if you purchase the combo ticket. Depending on best in class conditions we will make the call Thursday night. Like past years, we will leave a message with the front desk of the hotel.

    As always, other options are always available…The Canyons, Park City, Deer Valley and with a little hike, Snowbasin, where you may find yourself as one of only a few on the hill.

    Friday night’s event, Welcome Back Party – Anyone interested in sponsoring, please give Dave or Jeff a call.

    Saturday’s skiing will again feature The Annual Race and Fiesta @ Deer Valley. Rick Lee is BACK and we will be taking it over the top, once more. For those of you new to Hurt-Me-Mor, the Race is a gas with lunch and drinks provided slope side. Add a little sunshine and a few laughs as Dave takes a header trying to keep up with Heidi Volker, it’s a great day at the beach.

    The Awards Dinner and Beach Party will follow Saturday night at the hotel with memorable shots from the slope as well as shots from Don Julio on the shotski.

    Sadly, Check Out happens on Sunday morning, but for most, followed by another day of skiing at your leisure and/or recovery from your hangover. Guessing we will see you at the Starbucks counter in the AM.

    ACCOMODATIONS: Been here before? Then you know the drill — scroll down. New to the trip?? Pay attention. We are staying at the Park City Marriott. Most rooms have 2 double queen beds, meaning that you will have a roommate. If you like to play prison, you’re going to love this trip. If you fly solo, it gets a bit more expensive and is subject to availability not to mention Dave and Jeff’s mood swings. If you have a roommate in mind, make the call, or we will for you.

    PHONE NUMBER AND UPDATES: Most of you know the process, if you see any wrong numbers (including yours), employers, emails, fax numbers, high maintenance candidates, especially this year or if you know anyone who feels slighted by never being invited or they recently left the circus, PLEASE LET US KNOW ASAP.

    LAST SHOTS: Hopefully, this newsletter finds you at the same phone number, fax number, email, or friendly with someone whose numbers are intact. We will post this newsletter as well as provide updates on the Mortgage Bankers Ski Trip and Coppedge websites http://groups.yahoo.com/group/hurt-me-mor-skitrip-memories/

    (www.billcoppedge.com ). OR you can call Dave, Jeff, or Copp to get up to speed.

    Hope to see you in Park City the first week of March. As always space is limited and we fill up every year and this one will be no exception.

    Please send your checks – $795.00 for option 1 or $675.00 for option 2 ASAP, NOW, TODAY, NOT TOMORROW payable to Dave Hurt or Jeff Moran at the below referenced addresses. Jeff and I would like to avoid the sleazy, but highly effective collection techniques to guaranty your spot. If you send us a check and then decide that you cannot post, you will NOT receive a refund unless you find a suitable replacement. The Replacement Committee does not include blow-up dolls or dead penguins in the definition of “suitable”.

    It is also a pretty good idea to check into flights as they, too, tend to book early. Delta has many convenient non-stop flights in and out of Salt Lake and if you don’t mind connecting through Chicago or Denver, you can probably cut a pretty good deal on United. Southwest is also a good option depending on your departure city.

    PLEASE FORWARD/FAX THIS TO ANYONE YOU THINK HAS NOT RECEIVED THE INFO – THANKS!!!!!

    Make checks payable to DAVE HURT OR JEFF MORAN

    Dave Hurt                          Jeff Moran

    9405 Kentsdale Drive      458 Eudora Street

    Potomac, MD 20854          Denver, CO 80220

    Off: 301-365-0407              Off: 303-493-3383

    Cell: 202-437-5235             Cell: 720-641-6259

    Home: 301-365-7374          Home: 303-377-4339

    EM1: [email protected] EM: [email protected]

    EM2: [email protected]

  • Banks: Goodbye Amtrust Section, Bad Loans, TARP 3 Posts, Short Sales

    Bill-Coppedge original content selection by MortgageNewsClips.com

     

    Goodbye Amtrust (formerly Ohio Savings):

    wsj + but-then-what + cleveland-plain-dealer

    Regulators Pull Plug on Bank – BY DAVID ENRICH – Federal regulators on Friday seized AmTrust Bank, a battered Cleveland thrift kept alive this year after local politicians pleaded with the government for a second chance. – Wall street Journal

    AmTrust’s Peculiar Buyer – Tom Lindmark – The WSJ has a pretty good article on the failure of AmTrust. – … Based on the WSJ article one has to wonder what in the world a New York and New Jersey focused financial institution wants with an Ohio bank with a smattering of banks in some of the more destitute economies in this country. … – But Then What Blog

    AmTrust’s bankruptcy filing may be a lesson learned from WaMu – By Teresa Dixon Murray – … the same day, the family that owns 77 percent of AmTrust Bank’s parent company took action to make sure the identical thing doesn’t happen to them. The parent company filed an 11th-hour bankruptcy to protect assets and, in recent weeks, has moved $7 million in cash from AmTrust to accounts at PNC Financial Services Group. Some subsidiaries, including AmTrust bank itself, were not included in the bankruptcy filing.
    The Federal Deposit Insurance Corp. is probably ticked at the tactic. – The Plain Dealer 

    and
    AmTrust Financial attorneys talk about possibility of selling bank – By Teresa Dixon Murray – Cleveland Plain Dealer 

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    rrHeat-Map

    moodys resrecap

    US banks premature in reducing provisioning for bad loans – There are some interesting tidbits in Moody’s latest quarterly report on the US banking system, notably that US banks are  premature in reducing provisioning for bad loans, and the charge-off trend now shows that the erosion of commercial real estate surpasses that of residential real estate. – Research Recap

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    bloomberg

    Citigroup Said to Need Treasury Stake Sale Before TARP Payment – By Bradley Keoun –  The U.S. Treasury Department’s refusal to sell its 34 percent stake in Citigroup Inc. is hampering the bank’s plans to repay $20 billion of remaining bailout funds, people familiar with the bank said.  Executives at the New York-based bank are growing frustrated because they can’t sell stock to raise money for repayment until the Treasury signals when and how it will unload its 7.7 billion shares – Bloomberg

    Banks Take Losses on Short Sales as Foreclosures Soar – By John Gittelsohn and Margaret Collins – … “It’s really finally dawning on banks that they’re better off with a short sale,” said Richard Green, director of the Lusk Center for Real Estate at the University of Southern California in Los Angeles. “I think banks were in denial.” … – Bloomberg 

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    bankstocks

    From BANKSTOCKS.COM: Why BofA’s TARP repayment marks a turning point – Gary Townsend – The company’s moves are the latest signs that the financial panic is receding at last.

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    new-york-magazine

    Tim Geithner: For the Last Time, NO BANKS WOULD HAVE SURVIVED WITHOUT TARPNY Magazine